U.S. stocks slide as credid woes spread

U.S. stocks close lower for a fifth session in six, falling sharply on on more bleak news from the financial sector, including word of a default at mortgage lender Thornburg Mortgage and news Merrill Lynch & Co. is opting out of the subprime mortgage market. See full story.

De-leveraging rolls across markets, hitting 'safer' mortgages

The de-leveraging of the financial system picked up steam and entered new markets Thursday as more big investors were hit by margin calls. See full story.

Apple's iPhone 'push' challenges RIM's BlackBerry

Apple Inc. says its popular iPhone device will have so-called "push" email and other features designed to help it compete directly with Research In Motion Ltd.'s BlackBerry for business customers. See full story.

Futures Movers: Crude futures close above $105 a barrel for first time

Crude-oil futures close above $105 a barrel for the first time, after hitting a record high of $105.97 earlier in the session. See full story.

Economic Report: Americans poorer than a year ago, Fed says

Considering the impact of higher prices, a bigger debt burden and sagging home prices, Americans were poorer at the end of 2007 than they were the year before. See full story.

David Weidner's Writing on the Wall: The real reason Wall Street is selling Visa

Sophisticated Investor: Rise of the 'middle-class millionaire' is reshaping U.S. culture

Those with a net worth of between $1 million and $10 million -- that they have earned rather than inherited -- are being dubbed “middle-class millionaires,” a group that has grown on the heels of the economic boom over the past couple decades. See full story.

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